Power Grid Corporation of India Limited has informed the Exchange about Change in Senior Management (Cessation).
POWERGRID · price
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Power Grid Corporation has informed the exchanges that four Executive Directors — Shri S. Subramanian, Dr. Sunita Chohan, Shri S. K. Jain, and Shri Ashok Pal — have ceased to hold office effective 31st July 2025 upon attaining the age of superannuation. These executives were classified as Senior Management Personnel, one level below the Board of Directors, and not board-level directors. The company has disclosed their DINs and reasons for cessation as required under SEBI's Listing Regulations. No new appointments have been announced in this filing.
This is a routine retirement event with no governance red flags. Shareholders need not be concerned as superannuation is a planned, age-based transition. Investors should watch for any subsequent announcement regarding successors to these senior management positions.